SHA:603809 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	279.65	450.7	360.49	336.98	274.03
Trading Asset Securities	-	130	-	80	-
Cash & Short-Term Investments	279.65	580.7	360.49	416.98	274.03
Cash Growth	-51.84%	61.09%	-13.55%	52.16%	-3.71%
Accounts Receivable	1,026	876.07	888.11	481.68	573.86
Other Receivables	1.98	2.33	3.39	3.21	2.45
Receivables	1,028	878.4	891.5	484.89	576.31
Inventory	873.72	778.57	665.67	635.84	512.97
Other Current Assets	91.62	40.06	25.81	72.87	58.46
Total Current Assets	2,273	2,278	1,943	1,611	1,422
Property, Plant & Equipment	3,871	3,208	2,668	2,355	1,935
Long-Term Investments	100.74	0.1	23.06	81.76	88.32
Goodwill	105.65	203.18	203.18	203.18	203.18
Other Intangible Assets	244.33	194.1	198.89	202.47	207.26
Long-Term Accounts Receivable	-	-	-	-	1.32
Long-Term Deferred Tax Assets	99.64	76.69	67.61	82.36	39.28
Long-Term Deferred Charges	37.12	13.38	17.24	17.46	10.38
Other Long-Term Assets	339.23	249.33	183.55	160.03	60.82
Total Assets	7,071	6,222	5,305	4,713	3,968
Accounts Payable	793.06	722.77	543.24	489.04	331.11
Accrued Expenses	59.3	58.64	46.8	55.49	70.71
Short-Term Debt	471.23	319.35	375.07	286.01	551.69
Current Portion of Long-Term Debt	355.84	767.75	355.29	383.2	116.66
Current Portion of Leases	-	12.54	7.82	8.17	5.98
Current Income Taxes Payable	13.08	12.38	28.29	35.07	21.54
Current Unearned Revenue	3.63	5.96	4.04	1.42	1.01
Other Current Liabilities	34.35	53.17	66.89	158.37	316.16
Total Current Liabilities	1,730	1,953	1,427	1,417	1,415
Long-Term Debt	1,320	926	1,346	870.34	259.44
Long-Term Leases	44.86	14.08	14.83	21.65	40.12
Long-Term Unearned Revenue	130.08	144.45	127.14	117.26	116.31
Long-Term Deferred Tax Liabilities	95.81	78.54	64.57	95.07	60.78
Other Long-Term Liabilities	79.72	79.72	79.72	79.72	79.72
Total Liabilities	3,400	3,195	3,060	2,601	1,971
Common Stock	920.29	641.2	393.02	393.75	302.89
Additional Paid-In Capital	871.36	593.42	296.17	298.33	384.11
Retained Earnings	1,852	1,703	1,460	1,349	1,198
Treasury Stock	-	-	-	-19.05	-39.33
Comprehensive Income & Other	23.04	86.67	96.17	89.29	-
Total Common Equity	3,667	3,024	2,245	2,111	1,845
Minority Interest	3.57	2.73	0.05	1.02	151.03
Shareholders' Equity	3,670	3,027	2,245	2,112	1,996
Total Liabilities & Equity	7,071	6,222	5,305	4,713	3,968
Total Debt	2,191	2,040	2,099	1,569	973.9
Net Cash (Debt)	-1,912	-1,459	-1,739	-1,152	-699.87
Net Cash Per Share	-2.22	-2.16	-2.31	-1.52	-0.92
Filing Date Shares Outstanding	920.29	833.56	756.16	757.58	757.58
Total Common Shares Outstanding	920.29	833.56	756.16	757.58	757.58
Working Capital	542.45	325.18	516.01	193.81	6.9
Book Value Per Share	3.98	3.63	2.97	2.79	2.44
Tangible Book Value	3,317	2,627	1,843	1,705	1,435
Tangible Book Value Per Share	3.60	3.15	2.44	2.25	1.89
Buildings	-	749.79	649.32	493.43	406.45
Machinery	-	3,109	2,411	1,995	1,687
Construction In Progress	-	607.26	624.77	684.05	471.59

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.